Powered by OnlyBoth

Benchmarking PMG Coop LLC 401(K) Profit Sharing Plan & Trust in Woodbridge, VA against all plans

 

PMG Coop LLC 401(K) Profit Sharing Plan & Trust in Woodbridge, VA has the 2nd-most total participants (244) of the 989 plans that are better than the overall participant averages in each of net income per total participant, average account balance, and total administrative expense per participant. Those 244 compare to an average of 132.2 across the 989 plans.

PMG Coop LLC 401(K) Profit Sharing Plan & Trust has these standings among those 989 peer plans plus nationwide comparisons:

  • net income per total participant = -$1,282 (253rd-lowest)
    the nationwide average is -$265,008

  • average account balance = $3,920 (16th-lowest)
    the nationwide average is $3,872

  • average participant cash contribution per active participant = $554.80 (110th-lowest)
    the nationwide average is $3,765

  • average employer cash contribution per active participant = $344.50 (471st-lowest)
    the nationwide average is $1,145

  • total administrative expense per participant = $25.56 (351st-lowest)
    the nationwide average is $395.43

Visualize

 
 

Peers

Multi-Care 401(K) Plan in Bedford Heights, OH is first with 254.

tied with Prime Retail Services, Inc. 401(K) Plan in Flowery Branch, GA (244).

outdid Golden Empire Nursing and Rehabilitation Center 401(K) Profit Sharing Plan in Grass Valley, CA (243), JMS Senior Living 401(K) in Jefferson City, MO (243), Trekker Tractor 401(K) Plan in Davie, FL (242), and Blue Landscape and Outdoor Solutions Group 401(K) Plan in Naples, FL (240), and 982 others, ending with Blue Sky Vision, LLC Savings and Retirement Plan in Grand Rapids, MI (1).

References

  1. are better than the overall participant averages in. Bigger sets are better. (1) The average nationwide value of net income per total participant is -$265,008, so better is above that. Average net income per total participant equals net income, Line 2k from Schedule H, divided by total participants, Line 6f of Form 5500. (2) The average nationwide value of average account balance is $3,872, so better is above that. Average account balance equals total assets, in Line 1f(b) from Schedule H, divided by total participants, in Line 6f of Form 5500. (3) The average nationwide value of active-participant contributions per head (average participant cash contribution per active participant) is $3,765, so better is above that. Average participant cash contribution per active participant equals cash contributions from participants, Line 2a(1)(B) from Schedule H, divided by active participants at the end of the plan year, Line 6a(2), Form 5500. (4) The average nationwide value of employer contributions per active participant (average employer cash contribution per active participant) is $1,145, so better is above that. Average employer cash contribution per active participant equals cash contributions from employers, Line 2a(1)(A) from Schedule H, divided by active participants at the end of the plan year, Line 6a(2), Form 5500. (5) The average nationwide value of total administrative expense per participant is $395.43, so better is below that. Total administrative expense per participant is a ratio that equals total administrative expenses (Line 2i(5), Schedule H) divided by total participants, i.e. the sum of active, retired, separated participants who are still living, and deceased participants whose beneficiaries receive or are entitled to benefits (Line 6f of Form 5500). Some comparison measures have prerequisites that must be satisfied in order to keep their numeric values, otherwise their value becomes N/A. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  2. total participants. Sum of active, retired, or separated participants who are still living, plus deceased participants whose beneficiaries receive or are entitled to benefits. Line 6f of Form 5500. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.